tariff reduction News

US and China Forge Historic 90-Day Tariff Reduction Agreement, Boosting Market Optimism

The US and China have agreed to a 90-day reduction in tariffs, a move announced by U.S. Treasury Secretary Scott Bessent. This decision has led to a significant surge in Hong Kong ...

Exploring the Impact of the US-China Trade Deal on India: Advantages or Disadvantages?

The US-China trade deal temporarily reduces tariffs by 115%, posing challenges and opportunities for India. With a 20% tariff advantage in some sectors, India could attract global ...

China Announces Significant Reduction in Tariffs on US Imports Starting May 14

China has announced a major reduction in tariffs on US imports, effective May 14, following recent trade talks. Tariffs will drop from 34% to 10%, with a 90-day suspension on plann...

Breaking: U.S. and China Forge Historic Trade Agreement to Slash Tariffs, Easing Economic Tensions

The U.S. and China have reached a historic trade agreement to significantly reduce tariffs on each other's goods, marking a pivotal moment in their trade relations. The agreement, ...

Dramatic 3% Drop in Gold Prices Following US-China Tariff Reduction Agreement

Gold prices dropped over 3% as the US and China agreed to reduce tariffs, impacting precious metals market. Silver, platinum, and palladium also saw declines.

India Seeks to Narrow Trade Tariff Gap with US to Under 4%, Aims for Exemption from Trump's Tariffs

India proposes reducing its tariff differential with the US to under 4% from 13%, seeking exemption from Trump's tariffs. The move aims to strengthen bilateral trade, currently fav...

Breaking: US May Slash China Tariffs to 50% in Groundbreaking Trade Negotiation Move

The US is considering reducing tariffs on Chinese imports from 145% to between 50% and 54%, potentially easing trade tensions and benefiting retailers ahead of the holiday season. ...

Korea and Mexico Set to Revitalize FTA Talks, Paving the Way for Auto Industry Growth

The Korean government plans to accelerate FTA negotiations with Mexico to support domestic auto exporters under USMCA, aiming to reduce tariffs and enhance trade with Central and S...